Microsoft Ceo Expressed Bullish Sentiments Towards Tech Giant S Future Pushing Stock Higher

CEO of the Redmond giant, Satya Nadella, highlighted that the company expects double-digit sales and operating income growth in fiscal 2023, with margins possibly remaining flat. This aligned with its previous guidance when the company pinpointed concerns around an upcoming recession. Meanwhile, the earnings showed revenues of $51.87 billion, a 12.4% increase year-on-year (YoY), missing estimates by $490 million. Similarly, earnings per share (EPS) were $2.23, missing estimates by $0....

January 10, 2023 · 2 min · 280 words · Gordon Barrett

Mitsubishi Corp To Invest 120 Million In Asean Mid Tier Firms Via Regional Investment Arm

AIGF II had ¥17.3 billion (~$0.126 billion) capital commitments from institutional investors in Japan but also internationally. This fund was initially launched in 2014 with the goal of accelerating the growth of small and mid-cap enterprises in the Association of Southeast Asian Nations (ASEAN) and boosting their industrial competitiveness. The first fund, AIGF I, made notable investments into firms like Jaya Grocer, a firm focusing on premium supermarkets in Malaysia, RDCL, operator of KFC stores in Thailand, and KMC, a workspace provider in the Philippines....

January 10, 2023 · 2 min · 289 words · Elizabeth Russell

Nasdaq To Launch Their Own Crypto Custody Solution For Institutions

Now, Nasdaq Inc. (NASDAQ: NDAQ) is taking its first plunge into crypto, hiring a new group in charge of digital assets, according to a Bloomberg report on September 20, citing the firm’s head of North American markets, Tal Cohen. The initial milestone is to offer custody services for Bitcoin and Ethereum (ETH) to institutional investors. Over the years, Nasdaq provided the technology to crypto market participants rather than creating a crypto exchange to be a competitor to Coinbase and other businesses....

January 10, 2023 · 2 min · 327 words · Ruth Johnson

Number Of Defi Users Sustains Growth In 2023 Despite Volatile Sector

Indeed, between December 2017 and January 9, 2023, the daily number of unique addresses that either bought or sold a decentralized finance (DeFi) asset worldwide has grown, according to the results of the research published by the analytics platform Statista on January 9. According to the rounded numbers for the end of each month, the number of DeFi users at the end of December 2017 stood at a mere 189, whereas on January 9, 2023, it amounted to 6,686,500, representing an increase of 3,537,730% over five years....

January 10, 2023 · 3 min · 456 words · Carroll Matthews

Nvidia Nvda Stock Gets Strong Support From Record Q2 Results Finbold

The semiconductor company has topped second-quarter revenue by $210 million. Its second-quarter revenue of $3.87 billion grew 50 percent from the previous year quarter. The revenue growth is driven by a sharp increase in gaming and data center revenue. Its gaming revenue of $1.65bn grew 26% from the past year period while data center revenue of $1.75bn surged 167% from the year-ago period. Growth in GeForce gaming accelerated as gamers increasingly immerse themselves in realistic virtual worlds created by NVIDIA RTX ray tracing and AI....

January 10, 2023 · 1 min · 212 words · Donna Kelley

Over 530 Million Inflows Terra Classic In Four Days What S Behind The Curtain

Following the collapse, it was highly anticipated that LUNC would go back to zero, but the token appears to be earning the support of its community. The support is highlighted by the $534 million that has flown into the network’s market capitalisation within the last four days. As of June 26, Terra Classic’s market worth stood at $388 million, surging as high as $922 million by June 29, a growth of 137% as per CoinMarketCap data....

January 10, 2023 · 2 min · 362 words · Clara Cosby

Over 600 000 New Malicious Programs Are Registered Daily In 2021

Data acquired and calculated by Finbold projects that about 604,059 new malicious programs (malware) and potentially unwanted applications (PUA) are registered daily in 2021 (globally). The estimates are based on the already registered 61.01 million malware between January 1, 2021, and April 11, 2021. If the rate of new malware is sustained across the year, 2021 will register a whopping 220 million new malware to represent a growth of 56....

January 10, 2023 · 3 min · 520 words · Henry Soto

Pandemic Plunges Scandinavian Airlines Sas Into 1 Billion Net Loss

For the previous accounting year, from November 2018 to October 2019, SAS posted a profit of $70 million. From the results, the company’s sales slumped by more than half to $2.5 billion compared to the previous quarter. The results released on December 3 indicated that the SAS was forced to cut 40% of its staff as part of a coronavirus rescue plan. However, the airline anticipates a positive 2022. Over the summer, the company acknowledged that there were signs of recovery as cases of Covid-19 began to decline....

January 10, 2023 · 2 min · 276 words · Sandra Adams

Philippine Stock Exchange Aims To Be Country S Platform For Crypto Trading

PSE president and CEO Ramon Monzon said that the local bourse should also be the country’s exchange platform for digital assets and that the matter has already been discussed in a top management meeting, according to CNN Philippines. Monzon also cited the reasons why any exchange for cryptos should be conducted at the PSE. 17 registered crypto exchange service providers To date, the Bangko Sentral ng Pilipinas has green-lighted 17 cryptocurrency exchanges to operate in the country....

January 10, 2023 · 1 min · 201 words · Erica Muske

Pionex Review 2023 Crypto Trading Bots Exchange Pros Cons

About Pionex Pionex is the world’s first cryptocurrency exchange with built-in automated trading bots, first launched in 2019 and has since grown into an international crypto platform. In total, traders have access to 16 free trading bots that are accessible for no additional fee and enable them to make use of the tools to automate their trading. As an established broker headquartered in Singapore with over 100,000 monthly active customers, Pionex handles $5 billion in trading volume every month....

January 10, 2023 · 13 min · 2727 words · Susie Warner

Revealed Top 15 Most Popular Cryptocurrencies In October

In October, Bitcoin was the leading project on CoinMarketCap, with the most search and interest activity. Shiba Inu (SHIB) came in second, while Cardano (ADA) took the third spot on the list of the top 15 cryptocurrencies by popularity, according to statistics published by CryptoDiffer on November 2. However, ADA was one of the four tokens out of the top 15 most popular that saw its price fall (7%). The price of Bitcoin increased by 6....

January 10, 2023 · 2 min · 400 words · Jose Olofson

Ripple V Sec Court Case Update As Of January 2 2023

As a recap, the regulator is accusing Ripple of selling unregistered securities in the form of XRP tokens raising over $1.3 billion. Currently, the community is awaiting the ruling date, with both parties having made final submissions. Ahead of the verdict, pro-XRP attorney John Deaton commissioned a poll asking the XRP community to share possible outcomes in the case. XRP community in favor of settlement In the December 28 poll that attracted about 18,000 votes, a majority at 59....

January 10, 2023 · 3 min · 497 words · Ana Mancias

Russia Continues Buying Gold As Commerzbank Remains Bullish On Precious Metal

Data indicates that the bank accumulated an additional 3.1 tons (100,000 ounces) of gold in September after adding a similar amount in July, RT reports. The accumulation is the first since April 2020. As of October 1st, 2021, the bank had 73.9 million ounces (2,298.547 tons). The September addition means that the country’s foreign exchange reserves accounted for 20.95%. Notably, Russia’s international reserve entails highly liquid foreign assets, including stocks of monetary gold, foreign currencies, and Special Drawing Rights assets....

January 10, 2023 · 2 min · 413 words · Paul Jennings

Russia Speeds Up Digital Ruble Rollout Efforts To Overcome Swift Related Issues

The central bank digital currency (CBDC) may become fully operational in 2023; however, according to the central bank, it is more probable that it will have the launch roadmap by that time, Russian news outlet CBR reports. Additionally, it was established that the digital ruble has the potential to serve as an alternative to SWIFT. According to Olga Nikolaevna, First Deputy Governor of the Bank of Russia, as per TASS, “this also solves the issue of disconnecting from SWIFT because, with such integration, SWIFT will no longer be needed....

January 10, 2023 · 2 min · 353 words · Jose Vasques

Samsung To Launch Bitcoin Etf In Hong Kong

Specifically, Samsung said that the listing of the ‘Samsung Bitcoin Futures Active ETF’ on the Hong Kong stock market would take place on January 13, according to the report by the Korean media outlet Fortune Korea published on January 12. The listing will be carried out by the company’s investment branch Samsung Asset Management and follows the launch of two other ETFs by the electronics company – ‘Samsung Blockchain Technology ETF’ and ‘Samsung Asia Pacific Metabus ETF,’ which were listed earlier last year....

January 10, 2023 · 2 min · 276 words · Irma Smith

Sas Records 78 Drop With 0 6M Passengers Carried In October Finbold

On a year-over-year basis, SAS capacity has reduced by about 73.3%. The figures show that September and October saw the demand, capacity, and load factor remain largely unchanged. According to SAS CEO Rickard Gustafson, the October traffic mirrors September figures, but demand is more concentrated among domestic passengers. He stated that European and intercostal travel remains suppressed. Covid-19 seconds wave shatters air travel recovery With Europe recording, a surge in coronavirus cases in October air travel dropped across the board, and SAS was no exception....

January 10, 2023 · 1 min · 143 words · Thelma Barham

Simple Javascript Image Thumbnail Viewer

They may include fancy sliders, pop-up windows, and other cool features. In this tutorial, we are going to cover how to build a simple thumbnail viewer using JavaScript. We are not going to include a lot of bells and whistles. This simple design is intended to be used for projects that require a simple solution. HTML, CSS, and JavaScript Code The image in the “preview window” can be changed as your mouse moves over the thumbnail images....

January 10, 2023 · 1 min · 107 words · Leta Davis

Stacks Co Review 2023 How To Buy Bitcoin Nfts Step By Step

About Stacks Stacks is a smart contract-enabled blockchain attached to the Bitcoin network enabling the introduction of decentralized apps (dApps) and non-fungible tokens (NFTs) to the premier decentralized network. Stacks was initially launched in 2019 under the name Blockstacks by the company Blockstack PBC and was co-founded by Muneeb Ali and Ryan Shea. In October 2020, the Blockstacks project rebranded to the Stacks ecosystem and launched the second iteration of its blockchain (Version 2....

January 10, 2023 · 10 min · 2063 words · Bernice Patton

Support And Resistance In Trading Definition Examples Finbold Com

This guide will explain what support and resistance levels are, how to accurately identify them, bring some examples, and list special considerations when using support and resistance. What is support and resistance trading? In simple terms, support and resistance lines are used to identify when to buy and when to sell an asset, usually stocks or currencies, and at what price. These levels are usually temporary and short-lived but can also be long-lasting as markets receive new information....

January 10, 2023 · 25 min · 5231 words · Janie Fisher

Tesla S Giga Berlin Projects Push Ev Battery Makers To Scramble For Europe Finbold

Additionally, the European Investment Bank recently announced a €480 million ($527 million) loan agreement signed with LG Chem’s [Korean chemical company] Poland-based subsidiary enabling the company to expand output at its Wrocław facility from 35GWh up to 65GWh. Its plant in Poland is still operational despite the coronavirus pandemic. Audi is also planning to open an assembly plant for electric-car battery packs near Ingolstadt. Audi uses cells from Samsung SDI and LG Chem....

January 10, 2023 · 2 min · 346 words · Daniel Rhodes